Hedge Fund Capital Eclipses $2.51 Trillion Mark

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Mani
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The hedge fund industry witnessed a fifth consecutive quarterly record of capital inflows during 3Q13 eclipsing $2.51 trillion in fund capital. Hedge Fund Research Inc’s recent report highlights that hedge fund assets posted a new milestone in third quarter, with the third quarter witnessing the highest inflows in over 2 years. As reported earlier, the hedge fund industry recorded a gain of $4.4 billion, bringing the total assets under management (AUM) to $1.91 trillion in September as global markets experienced momentum. During the month, hedge fund managers gained $3 billion, which provided positive impact to the industry’s total AUM. Similarly,…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports